Tds on advance payment

Priyank (Others) (32 Points)

18 July 2014  

Hello ,

 

I want to know, if tds should be deducted on an advance payment of a project(website development) cost. The total cost of the project is greater than 50000. Initial payment which we received is less than 26000. The client has deducted the TDS on initial amount. Is it right?

 

Thank you in advance.

Waiting for replies... asap